ACAMS
CAMS · Question #153
Which of the following is the best action to take regarding a particular account once suspicious activity is reported by the institution?
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Conducting and Responding to Investigations
Question
Which of the following is the best action to take regarding a particular account once suspicious activity is reported by the institution?
Options
- ANotify the client that the transaction has been reported.
- BFreeze the funds pending notification from the competent authority.
- CSecure all supporting documentation.
- DImmediately close the account.
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Topics
#post-filing procedures#documentation#evidence preservation#suspicious activity report